Philadelphia Business Journal Cornerstone Cos has paid $1725 million, or $27490/sf, for the 62,750‑square‑foot Stone Manor Medical Office Building in the Philadelphia suburb of Warrington, Pa The Indianapolis healthcare real estate investor...
Philadelphia Business Journal DRA Advisors has paid $58 million, or $322,222/unit, for The Flats at Lansdale, a 180‑unit apartment property in the Philadelphia suburb of Lansdale, Pa The New York investment firm purchased the six-building property...
Philadelphia Business Journal MRP Realty is offering for sale The Griffin, a 217‑unit apartment building in downtown, or Center City, Philadelphia The Washington, DC, company bought the property in 2014 for $33 million from Ashkenazy Acquisition...
St Louis Business Journal Burns & McDonnell has agreed to lease 74,273 square feet of office space at 1245 JJ Kelley Memorial Drive in St Louis The engineering firm will be moving in at the beginning of 2027 Burns & McDonnell noted that it...
Apartment rents in San Francisco averaged $2,737/unit in the first quarter, up 3% from the same time last year, according to Kidder Mathews The vacancy rate throughout the city has declined year over year to 47% from 53%...
Rentvcom Columbia Container Lines has agreed to lease 156,100 square feet of industrial space at 691-701 Burning Tree Road in Fullerton, Calif, about 23 miles south of Los Angeles The freight forwarding and logistics company was represented by...
The city's office market continued to struggle last quarter, with absorption remaining in the red A bright spot was the city's Energy Corridor, which has benefited from the country's sharp increase in oil production The submarket has some of the...
Crain’s Chicago Business McKinsey has agreed to sublease 72,000 square feet of office space at Chicago’s Salesforce Tower The consulting firm is subleasing the space from the 12 million-square-foot building’s namesake tenant,...
Commercial Observer Anthropic is nearing a deal to lease the entire 465,630-square-foot office building at 330 Hudson St in the Hudson Square section of Manhattan The artificial intelligence startup currently leases 15,500 sf at 155 Ave of the...
The Washington, DC, office market recorded its weakest leasing quarter in two and a half years, with only 13 million square feet leased in the first quarter, according to...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
